Trump’s feint spurs USD swings; gold V-rebounds $4500, oil -11%.

On Monday, Trump said he would postpone attacks on Iran's energy infrastructure after what he called productive negotiations to end hostilities, and hinted that both sides could jointly control the Strait of Hormuz. This statement led to a shocking reversal in market trends. The US dollar index fell above the 100 mark and ultimately closed down 0.37% at 99.13; The yield of US treasury bond bonds fell synchronously, with the benchmark 10-year US bond yield closing at 4.3480% and the two-year US bond yield sensitive to the policy interest rate of the Federal Reserve closing at 3.8630%. The gold market experienced a shocking roller coaster ride on Monday: Trump's ultimatum to strike Iran's energy facilities within 48 hours caused panic, with oil prices skyrocketing and inflation expectations soaring. Gold prices suffered a bloodbath, plummeting by over 8.7% to $4099, hitting a four month low. However, a few hours later, Trump suddenly announced a five-day delay in the crackdown due to a “productive” dialogue with Iran, causing oil prices to plummet by over 10%, the US dollar to fall, and gold prices to quickly narrow their decline, ultimately only closing down by about 2%. Reports of a possible easing of the Middle East conflict led to a sharp drop in oil prices during trading, which narrowed after Iran denied Trump's claims. WTI crude oil fell 9.28% to $89.40 per barrel; Brent crude oil closed down 10.27% at $96.75 per barrel.